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Union Arbitrage Fund Direct Growth
AlternativeArbitrage FundLow Risk
Direct
NAV (21-Jan-25)
₹14.090.02%1D
Returns (Since Inception)
5.95%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹223 Cr
Expense Ratio
0.41%
ISIN
INF582M01ES7
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
27 Feb 2019
About this fund
Union Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 5 years, 10 months and 26 days, having been launched on 27-Feb-19.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹14.09, Assets Under Management (AUM) of 223.17 Crores, and an expense ratio of 0.41%.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹14.09, Assets Under Management (AUM) of 223.17 Crores, and an expense ratio of 0.41%.
- Union Arbitrage Fund Direct Growth has given a CAGR return of 5.95% since inception.
- The fund's asset allocation comprises around 0.90% in equities, 0.50% in debts, and 98.56% in cash & cash equivalents.
- You can start investing in Union Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.09%
+7.26% (Cat Avg.)
3 Years
+6.76%
+6.37% (Cat Avg.)
5 Years
+5.85%
+5.34% (Cat Avg.)
Since Inception
+5.95%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Equity | ₹2.01 Cr | 0.90% |
| Debt | ₹1.12 Cr | 0.50% |
| Others | ₹220.04 Cr | 98.60% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹157.39 Cr | 70.53% |
| Union Liquid Dir Gr | Mutual Fund - Open End | ₹33.55 Cr | 15.04% |
| 6.90% Reverse Repo | Cash - Repurchase Agreement | ₹15.53 Cr | 6.96% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-8.99 Cr | 4.03% |
| Reliance Industries Ltd | Equity | ₹8.93 Cr | 4.00% |
| Union Money Market Dir Gr | Mutual Fund - Open End | ₹7.65 Cr | 3.43% |
| Net Receivable / Payable | Cash - Collateral | ₹4.74 Cr | 2.12% |
| Future on Infosys Ltd | Equity - Future | ₹-4.61 Cr | 2.07% |
| Infosys Ltd | Equity | ₹4.59 Cr | 2.06% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-4.25 Cr | 1.90% |
| Larsen & Toubro Ltd | Equity | ₹4.22 Cr | 1.89% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-3.93 Cr | 1.76% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-3.92 Cr | 1.76% |
| HDFC Bank Ltd | Equity | ₹3.9 Cr | 1.75% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹3.9 Cr | 1.75% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-3.66 Cr | 1.64% |
| Maruti Suzuki India Ltd | Equity | ₹3.64 Cr | 1.63% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-3.6 Cr | 1.61% |
| Kotak Mahindra Bank Ltd | Equity | ₹3.57 Cr | 1.60% |
| HCL Technologies Ltd | Equity | ₹3.42 Cr | 1.53% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-3.42 Cr | 1.53% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-3.41 Cr | 1.53% |
| Bharti Airtel Ltd | Equity | ₹3.39 Cr | 1.52% |
| Future on State Bank of India | Equity - Future | ₹-3.18 Cr | 1.43% |
| State Bank of India | Equity | ₹3.16 Cr | 1.42% |
| 6.92% Reverse Repo | Cash - Repurchase Agreement | ₹3.11 Cr | 1.39% |
| Future on Cipla Ltd | Equity - Future | ₹-3.1 Cr | 1.39% |
| Cipla Ltd | Equity | ₹3.08 Cr | 1.38% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-3.06 Cr | 1.37% |
| Vodafone Idea Ltd | Equity | ₹3.05 Cr | 1.37% |
| Future on Zomato Ltd | Equity - Future | ₹-3.01 Cr | 1.35% |
| Zomato Ltd | Equity | ₹3 Cr | 1.35% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-2.97 Cr | 1.33% |
| Eicher Motors Ltd | Equity | ₹2.95 Cr | 1.32% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹-2.89 Cr | 1.30% |
| ICICI Bank Ltd | Equity | ₹2.87 Cr | 1.29% |
| Future on Muthoot Finance Ltd | Equity - Future | ₹-2.84 Cr | 1.27% |
| Future on Vedanta Ltd | Equity - Future | ₹-2.83 Cr | 1.27% |
| Muthoot Finance Ltd | Equity | ₹2.82 Cr | 1.26% |
| Vedanta Ltd | Equity | ₹2.81 Cr | 1.26% |
| Future on Tata Consumer Products Ltd | Equity - Future | ₹-2.77 Cr | 1.24% |
| Tata Consumer Products Ltd | Equity | ₹2.75 Cr | 1.23% |
| Future on Coal India Ltd | Equity - Future | ₹-2.59 Cr | 1.16% |
| Coal India Ltd | Equity | ₹2.58 Cr | 1.16% |
| Future on Aditya Birla Fashion and Retail Ltd | Equity - Future | ₹-2.49 Cr | 1.12% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹2.47 Cr | 1.11% |
| Future on InterGlobe Aviation Ltd | Equity - Future | ₹-2.34 Cr | 1.05% |
| InterGlobe Aviation Ltd | Equity | ₹2.32 Cr | 1.04% |
| Future on One97 Communications Ltd | Equity - Future | ₹-2.27 Cr | 1.02% |
| One97 Communications Ltd | Equity | ₹2.25 Cr | 1.01% |
| Future on National Aluminium Co Ltd | Equity - Future | ₹-2.23 Cr | 1.00% |
| National Aluminium Co Ltd | Equity | ₹2.22 Cr | 1.00% |
| Future on Trent Ltd | Equity - Future | ₹-2.22 Cr | 0.99% |
| Trent Ltd | Equity | ₹2.21 Cr | 0.99% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-2.14 Cr | 0.96% |
| Aurobindo Pharma Ltd | Equity | ₹2.13 Cr | 0.95% |
| Future on NTPC Ltd | Equity - Future | ₹-2.11 Cr | 0.95% |
| Future on Jindal Steel & Power Ltd | Equity - Future | ₹-2.11 Cr | 0.94% |
| NTPC Ltd | Equity | ₹2.1 Cr | 0.94% |
| Jindal Steel & Power Ltd | Equity | ₹2.09 Cr | 0.94% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-2.07 Cr | 0.93% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-2.06 Cr | 0.92% |
| UltraTech Cement Ltd | Equity | ₹2.06 Cr | 0.92% |
| Future on Prestige Estates Projects Ltd | Equity - Future | ₹-2.05 Cr | 0.92% |
| Adani Enterprises Ltd | Equity | ₹2.05 Cr | 0.92% |
| Prestige Estates Projects Ltd | Equity | ₹2.04 Cr | 0.91% |
| Future on Hero MotoCorp Ltd | Equity - Future | ₹-2.01 Cr | 0.90% |
| Hero MotoCorp Ltd | Equity | ₹2 Cr | 0.89% |
| The Indian Hotels Company Ltd. 30-Jan-25 | Equity - Future | ₹-1.94 Cr | 0.87% |
| Indian Hotels Co Ltd | Equity | ₹1.93 Cr | 0.87% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-1.93 Cr | 0.86% |
| Bharat Electronics Ltd | Equity | ₹1.92 Cr | 0.86% |
| Future on ICICI Lombard General Insurance Co Ltd | Equity - Future | ₹-1.89 Cr | 0.85% |
| Coforge Ltd | Equity | ₹1.88 Cr | 0.84% |
| Future on Coforge Ltd | Equity - Future | ₹-1.88 Cr | 0.84% |
| Future on NMDC Ltd | Equity - Future | ₹-1.88 Cr | 0.84% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹1.88 Cr | 0.84% |
| Future on Power Finance Corp Ltd | Equity - Future | ₹-1.88 Cr | 0.84% |
| NMDC Ltd | Equity | ₹1.87 Cr | 0.84% |
| Indus Towers Ltd. 30-Jan-25 | Equity - Future | ₹-1.87 Cr | 0.84% |
| Power Finance Corp Ltd | Equity | ₹1.87 Cr | 0.84% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹1.86 Cr | 0.83% |
| Future on Axis Bank Ltd | Equity - Future | ₹-1.81 Cr | 0.81% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-1.81 Cr | 0.81% |
| Axis Bank Ltd | Equity | ₹1.8 Cr | 0.81% |
| Oil & Natural Gas Corp Ltd | Equity | ₹1.8 Cr | 0.80% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-1.78 Cr | 0.80% |
| Hindalco Industries Ltd | Equity | ₹1.77 Cr | 0.79% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-1.71 Cr | 0.77% |
| HDFC Life Insurance Co Ltd | Equity | ₹1.7 Cr | 0.76% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-1.68 Cr | 0.75% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹1.67 Cr | 0.75% |
| Indian Oil Corporation Ltd. 30-Jan-25 | Equity - Future | ₹-1.61 Cr | 0.72% |
| Indian Oil Corp Ltd | Equity | ₹1.6 Cr | 0.72% |
| Future on Lupin Ltd | Equity - Future | ₹-1.51 Cr | 0.68% |
| Lupin Ltd | Equity | ₹1.5 Cr | 0.67% |
| Future on Tube Investments of India Ltd Ordinary Shares | Equity - Future | ₹-1.45 Cr | 0.65% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-1.45 Cr | 0.65% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹1.45 Cr | 0.65% |
| Samvardhana Motherson International Ltd | Equity | ₹1.44 Cr | 0.65% |
| Tata Consultancy Services Ltd | Equity | ₹1.43 Cr | 0.64% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-1.43 Cr | 0.64% |
| Future on Canara Bank | Equity - Future | ₹-1.43 Cr | 0.64% |
| Canara Bank | Equity | ₹1.42 Cr | 0.64% |
| Future on DLF Ltd | Equity - Future | ₹-1.37 Cr | 0.61% |
| Future on Central Depository Services (India) Ltd | Equity - Future | ₹-1.36 Cr | 0.61% |
| DLF Ltd | Equity | ₹1.36 Cr | 0.61% |
| Central Depository Services (India) Ltd | Equity | ₹1.35 Cr | 0.61% |
| Future on Tata Motors Ltd | Equity - Future | ₹-1.31 Cr | 0.59% |
| Tata Motors Ltd | Equity | ₹1.3 Cr | 0.58% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-1.29 Cr | 0.58% |
| Grasim Industries Ltd | Equity | ₹1.28 Cr | 0.57% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-1.25 Cr | 0.56% |
| IndusInd Bank Ltd | Equity | ₹1.25 Cr | 0.56% |
| 91 Days Tbill | Bond - Gov't/Treasury | ₹1.25 Cr | 0.56% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-1.23 Cr | 0.55% |
| Tech Mahindra Ltd | Equity | ₹1.23 Cr | 0.55% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-1.15 Cr | 0.52% |
| Bharat Heavy Electricals Ltd | Equity | ₹1.14 Cr | 0.51% |
| Future on United Spirits Ltd | Equity - Future | ₹-1.14 Cr | 0.51% |
| United Spirits Ltd | Equity | ₹1.14 Cr | 0.51% |
| Future on PVR INOX Ltd | Equity - Future | ₹-1.12 Cr | 0.50% |
| PVR INOX Ltd | Equity | ₹1.12 Cr | 0.50% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-1.1 Cr | 0.49% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹1.09 Cr | 0.49% |
| Future on Max Healthcare Institute Ltd Ordinary Shares | Equity - Future | ₹-1.01 Cr | 0.45% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹1.01 Cr | 0.45% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-1 Cr | 0.45% |
| Future on Bank of Baroda | Equity - Future | ₹-0.99 Cr | 0.44% |
| Bajaj Auto Ltd | Equity | ₹0.99 Cr | 0.44% |
| Bank of Baroda | Equity | ₹0.99 Cr | 0.44% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-0.96 Cr | 0.43% |
| Tata Power Co Ltd | Equity | ₹0.95 Cr | 0.43% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-0.95 Cr | 0.42% |
| Bajaj Finance Ltd | Equity | ₹0.94 Cr | 0.42% |
| Future on JSW Steel Ltd | Equity - Future | ₹-0.92 Cr | 0.41% |
| JSW Steel Ltd | Equity | ₹0.91 Cr | 0.41% |
| Future on GMR Airports Ltd | Equity - Future | ₹-0.89 Cr | 0.40% |
| Future on HDFC Asset Management Co Ltd | Equity - Future | ₹-0.89 Cr | 0.40% |
| GMR Airports Ltd | Equity | ₹0.88 Cr | 0.40% |
| HDFC Asset Management Co Ltd | Equity | ₹0.88 Cr | 0.40% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-0.85 Cr | 0.38% |
| Mahindra & Mahindra Ltd | Equity | ₹0.84 Cr | 0.38% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-0.84 Cr | 0.37% |
| TVS Motor Co Ltd | Equity | ₹0.83 Cr | 0.37% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹0.82 Cr | 0.37% |
| Future on Computer Age Management Services Ltd Ordinary Shares | Equity - Future | ₹-0.82 Cr | 0.37% |
| Future on Tata Elxsi Ltd | Equity - Future | ₹-0.82 Cr | 0.37% |
| Tata Elxsi Ltd | Equity | ₹0.82 Cr | 0.37% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-0.79 Cr | 0.35% |
| SBI Life Insurance Co Ltd | Equity | ₹0.78 Cr | 0.35% |
| Future on Exide Industries Ltd | Equity - Future | ₹-0.76 Cr | 0.34% |
| Exide Industries Ltd | Equity | ₹0.75 Cr | 0.34% |
| Future on REC Ltd | Equity - Future | ₹-0.71 Cr | 0.32% |
| REC Ltd | Equity | ₹0.7 Cr | 0.31% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-0.68 Cr | 0.30% |
| Ambuja Cements Ltd | Equity | ₹0.68 Cr | 0.30% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-0.54 Cr | 0.24% |
| Bandhan Bank Ltd | Equity | ₹0.53 Cr | 0.24% |
| Treps | Cash - Repurchase Agreement | ₹0.53 Cr | 0.24% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-0.52 Cr | 0.23% |
| Shriram Finance Ltd | Equity | ₹0.52 Cr | 0.23% |
| Future on Astral Ltd | Equity - Future | ₹-0.49 Cr | 0.22% |
| Astral Ltd | Equity | ₹0.49 Cr | 0.22% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-0.42 Cr | 0.19% |
| Hindustan Petroleum Corp Ltd | Equity | ₹0.41 Cr | 0.19% |
| Future on Aarti Industries Ltd | Equity - Future | ₹-0.41 Cr | 0.19% |
| Aarti Industries Ltd | Equity | ₹0.41 Cr | 0.18% |
| Future on Cholamandalam Investment and Finance Co Ltd | Equity - Future | ₹-0.37 Cr | 0.17% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹0.37 Cr | 0.17% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-0.37 Cr | 0.17% |
| Divi's Laboratories Ltd | Equity | ₹0.37 Cr | 0.16% |
| Future on JK Cement Ltd | Equity - Future | ₹-0.35 Cr | 0.16% |
| JK Cement Ltd | Equity | ₹0.34 Cr | 0.15% |
| Future on Tata Communications Ltd | Equity - Future | ₹-0.34 Cr | 0.15% |
| Tata Communications Ltd | Equity | ₹0.34 Cr | 0.15% |
| Future on IndiaMART InterMESH Ltd | Equity - Future | ₹-0.34 Cr | 0.15% |
| IndiaMART InterMESH Ltd | Equity | ₹0.34 Cr | 0.15% |
| Future on BSE Ltd | Equity - Future | ₹-0.33 Cr | 0.15% |
| Future on Piramal Enterprises Ltd | Equity - Future | ₹-0.33 Cr | 0.15% |
| BSE Ltd | Equity | ₹0.33 Cr | 0.15% |
| Piramal Enterprises Ltd | Equity | ₹0.33 Cr | 0.15% |
| 182 DTB 05062025 | Bond - Gov't/Treasury | ₹0.29 Cr | 0.13% |
| Future on Abbott India Ltd | Equity - Future | ₹-0.24 Cr | 0.11% |
| Abbott India Ltd | Equity | ₹0.24 Cr | 0.11% |
| Future on Tata Steel Ltd. | Equity - Future | ₹-0.08 Cr | 0.03% |
| Tata Steel Ltd | Equity | ₹0.08 Cr | 0.03% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹33.96 Cr | 15.22% |
| Consumer Cyclical | ₹24.36 Cr | 10.92% |
| Energy | ₹17.37 Cr | 7.78% |
| Basic Materials | ₹16.53 Cr | 7.41% |
| Technology | ₹16.45 Cr | 7.37% |
| Industrials | ₹14.1 Cr | 6.32% |
| Healthcare | ₹13.31 Cr | 5.96% |
| Communication Services | ₹10.1 Cr | 4.52% |
| Consumer Defensive | ₹3.89 Cr | 1.74% |
| Real Estate | ₹3.4 Cr | 1.52% |
| Utilities | ₹3.05 Cr | 1.37% |
Risk & Performance Ratios
Standard Deviation
This fund
0.68%
Cat. avg.
0.70%
Lower the better
Sharpe Ratio
This fund
0.73
Cat. avg.
0.01
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.29
Higher the better
Fund Managers
Devesh Thacker
Since February 2019
Vishal Thakker
Since February 2019
Additional Scheme Detailsas of 31st December 2024
ISIN INF582M01ES7 | Expense Ratio 0.41% | Exit Load No Charges | Fund Size ₹223 Cr | Age 5 years 10 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Arbitrage Fund Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Sundaram Arbitrage Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹234.28 Cr | 6.9% |
| Sundaram Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹234.28 Cr | 7.6% |
| Bank of India Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹39.55 Cr | 7.5% |
| Bank of India Arbitrage Fund Regular Growth Low Risk | 0.9% | 0.0% | ₹39.55 Cr | 6.8% |
| Mirae Asset Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹2930.80 Cr | 8.2% |
| Mirae Asset Arbitrage Fund Regular Growth Low Risk | 0.9% | 0.0% | ₹2930.80 Cr | 7.3% |
| Tata Arbitrage Fund Regular Growth Low Risk | 1.1% | 0.0% | ₹12674.72 Cr | 7.4% |
| Tata Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹12674.72 Cr | 8.2% |
| Mahindra Manulife Arbitrage Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹110.32 Cr | 6.9% |
| Mahindra Manulife Arbitrage Fund Regular Growth Low Risk | 0.3% | 0.0% | ₹110.32 Cr | 6.1% |
About the AMC
Union Mutual Fund
Total AUM
₹21,577 Cr
Address
Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013
Other Funds by Union Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Union Children's Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹62.16 Cr | 13.0% |
| Union Innovation & Opportunities Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹944.74 Cr | 25.2% |
| Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk | - | 0.0% | ₹25.04 Cr | 7.6% |
| Union Small Cap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹6298.05 Cr | 11.4% |
| Union Hybrid Equity Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹637.00 Cr | 9.7% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.6% | 1.0% | ₹80.36 Cr | 8.0% |
| Union Value Discovery Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹298.67 Cr | 10.1% |
| Union Multicap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1105.65 Cr | 13.3% |
| Union Balanced Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1457.11 Cr | 7.7% |
| Union Equity Savings Fund Direct Growth Moderate Risk | 1.4% | 1.0% | ₹374.09 Cr | 6.6% |
| Union Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹223.17 Cr | 8.1% |
| Union Tax Saver (ELSS) Fund Direct Growth Very High Risk | 1.4% | 0.0% | ₹923.05 Cr | 9.3% |
| Union Dynamic Bond Fund Direct Growth Moderate Risk | 1.2% | 1.0% | ₹79.05 Cr | 8.7% |
| Union Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1939.59 Cr | 9.2% |
| Union Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3742.53 Cr | 7.4% |
| Union Midcap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹1428.97 Cr | 16.9% |
| Union Gilt Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹134.86 Cr | 9.3% |
| Union Largecap Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹436.97 Cr | 6.8% |
| Union Retirement Fund Direct Growth Very High Risk | 1.2% | 0.0% | ₹156.27 Cr | 10.8% |
| Union Corporate Bond Fund Direct Growth Moderate Risk | 0.4% | 1.0% | ₹257.69 Cr | 8.4% |
| Union Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹383.60 Cr | 6.7% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹428.28 Cr | 9.4% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹172.67 Cr | 7.5% |
| Union Large & Midcap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹868.05 Cr | 12.1% |
Risk Level
Your principal amount will be at Low Risk
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We're here to help.
What is the current NAV of Union Arbitrage Fund Direct Growth?
The NAV of Union Arbitrage Fund Direct Growth, as of 21-Jan-2025, is ₹14.09.
What are the returns of Union Arbitrage Fund Direct Growth?
The fund has generated 8.09% over the last 1 year and 6.76% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Union Arbitrage Fund Direct Growth?
The fund's allocation of assets is distributed as 0.90% in equities, 0.50% in bonds, and 98.56% in cash and cash equivalents.
Who manages the Union Arbitrage Fund Direct Growth?
The fund managers responsible for Union Arbitrage Fund Direct Growth are:-
- Devesh Thacker
- Vishal Thakker
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Union Arbitrage Fund Direct Growth
AlternativeArbitrage FundLow Risk
Direct
NAV (21-Jan-25)
₹14.090.02%1D
Returns (Since Inception)
5.95%
Rated ★4.5+ on
Fund Overview
Fund Size
₹223 Cr
Expense Ratio
0.41%
ISIN
INF582M01ES7
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
27 Feb 2019
Risk Level
Your principal amount will be at Low Risk
About this fund
Union Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 5 years, 10 months and 26 days, having been launched on 27-Feb-19.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹14.09, Assets Under Management (AUM) of 223.17 Crores, and an expense ratio of 0.41%.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹14.09, Assets Under Management (AUM) of 223.17 Crores, and an expense ratio of 0.41%.
- Union Arbitrage Fund Direct Growth has given a CAGR return of 5.95% since inception.
- The fund's asset allocation comprises around 0.90% in equities, 0.50% in debts, and 98.56% in cash & cash equivalents.
- You can start investing in Union Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.09%
+7.26% (Cat Avg.)
3 Years
+6.76%
+6.37% (Cat Avg.)
5 Years
+5.85%
+5.34% (Cat Avg.)
Since Inception
+5.95%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Equity | ₹2.01 Cr | 0.90% |
| Debt | ₹1.12 Cr | 0.50% |
| Others | ₹220.04 Cr | 98.60% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹157.39 Cr | 70.53% |
| Union Liquid Dir Gr | Mutual Fund - Open End | ₹33.55 Cr | 15.04% |
| 6.90% Reverse Repo | Cash - Repurchase Agreement | ₹15.53 Cr | 6.96% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-8.99 Cr | 4.03% |
| Reliance Industries Ltd | Equity | ₹8.93 Cr | 4.00% |
| Union Money Market Dir Gr | Mutual Fund - Open End | ₹7.65 Cr | 3.43% |
| Net Receivable / Payable | Cash - Collateral | ₹4.74 Cr | 2.12% |
| Future on Infosys Ltd | Equity - Future | ₹-4.61 Cr | 2.07% |
| Infosys Ltd | Equity | ₹4.59 Cr | 2.06% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-4.25 Cr | 1.90% |
| Larsen & Toubro Ltd | Equity | ₹4.22 Cr | 1.89% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-3.93 Cr | 1.76% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-3.92 Cr | 1.76% |
| HDFC Bank Ltd | Equity | ₹3.9 Cr | 1.75% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹3.9 Cr | 1.75% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-3.66 Cr | 1.64% |
| Maruti Suzuki India Ltd | Equity | ₹3.64 Cr | 1.63% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-3.6 Cr | 1.61% |
| Kotak Mahindra Bank Ltd | Equity | ₹3.57 Cr | 1.60% |
| HCL Technologies Ltd | Equity | ₹3.42 Cr | 1.53% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-3.42 Cr | 1.53% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-3.41 Cr | 1.53% |
| Bharti Airtel Ltd | Equity | ₹3.39 Cr | 1.52% |
| Future on State Bank of India | Equity - Future | ₹-3.18 Cr | 1.43% |
| State Bank of India | Equity | ₹3.16 Cr | 1.42% |
| 6.92% Reverse Repo | Cash - Repurchase Agreement | ₹3.11 Cr | 1.39% |
| Future on Cipla Ltd | Equity - Future | ₹-3.1 Cr | 1.39% |
| Cipla Ltd | Equity | ₹3.08 Cr | 1.38% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-3.06 Cr | 1.37% |
| Vodafone Idea Ltd | Equity | ₹3.05 Cr | 1.37% |
| Future on Zomato Ltd | Equity - Future | ₹-3.01 Cr | 1.35% |
| Zomato Ltd | Equity | ₹3 Cr | 1.35% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-2.97 Cr | 1.33% |
| Eicher Motors Ltd | Equity | ₹2.95 Cr | 1.32% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹-2.89 Cr | 1.30% |
| ICICI Bank Ltd | Equity | ₹2.87 Cr | 1.29% |
| Future on Muthoot Finance Ltd | Equity - Future | ₹-2.84 Cr | 1.27% |
| Future on Vedanta Ltd | Equity - Future | ₹-2.83 Cr | 1.27% |
| Muthoot Finance Ltd | Equity | ₹2.82 Cr | 1.26% |
| Vedanta Ltd | Equity | ₹2.81 Cr | 1.26% |
| Future on Tata Consumer Products Ltd | Equity - Future | ₹-2.77 Cr | 1.24% |
| Tata Consumer Products Ltd | Equity | ₹2.75 Cr | 1.23% |
| Future on Coal India Ltd | Equity - Future | ₹-2.59 Cr | 1.16% |
| Coal India Ltd | Equity | ₹2.58 Cr | 1.16% |
| Future on Aditya Birla Fashion and Retail Ltd | Equity - Future | ₹-2.49 Cr | 1.12% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹2.47 Cr | 1.11% |
| Future on InterGlobe Aviation Ltd | Equity - Future | ₹-2.34 Cr | 1.05% |
| InterGlobe Aviation Ltd | Equity | ₹2.32 Cr | 1.04% |
| Future on One97 Communications Ltd | Equity - Future | ₹-2.27 Cr | 1.02% |
| One97 Communications Ltd | Equity | ₹2.25 Cr | 1.01% |
| Future on National Aluminium Co Ltd | Equity - Future | ₹-2.23 Cr | 1.00% |
| National Aluminium Co Ltd | Equity | ₹2.22 Cr | 1.00% |
| Future on Trent Ltd | Equity - Future | ₹-2.22 Cr | 0.99% |
| Trent Ltd | Equity | ₹2.21 Cr | 0.99% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-2.14 Cr | 0.96% |
| Aurobindo Pharma Ltd | Equity | ₹2.13 Cr | 0.95% |
| Future on NTPC Ltd | Equity - Future | ₹-2.11 Cr | 0.95% |
| Future on Jindal Steel & Power Ltd | Equity - Future | ₹-2.11 Cr | 0.94% |
| NTPC Ltd | Equity | ₹2.1 Cr | 0.94% |
| Jindal Steel & Power Ltd | Equity | ₹2.09 Cr | 0.94% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-2.07 Cr | 0.93% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-2.06 Cr | 0.92% |
| UltraTech Cement Ltd | Equity | ₹2.06 Cr | 0.92% |
| Future on Prestige Estates Projects Ltd | Equity - Future | ₹-2.05 Cr | 0.92% |
| Adani Enterprises Ltd | Equity | ₹2.05 Cr | 0.92% |
| Prestige Estates Projects Ltd | Equity | ₹2.04 Cr | 0.91% |
| Future on Hero MotoCorp Ltd | Equity - Future | ₹-2.01 Cr | 0.90% |
| Hero MotoCorp Ltd | Equity | ₹2 Cr | 0.89% |
| The Indian Hotels Company Ltd. 30-Jan-25 | Equity - Future | ₹-1.94 Cr | 0.87% |
| Indian Hotels Co Ltd | Equity | ₹1.93 Cr | 0.87% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-1.93 Cr | 0.86% |
| Bharat Electronics Ltd | Equity | ₹1.92 Cr | 0.86% |
| Future on ICICI Lombard General Insurance Co Ltd | Equity - Future | ₹-1.89 Cr | 0.85% |
| Coforge Ltd | Equity | ₹1.88 Cr | 0.84% |
| Future on Coforge Ltd | Equity - Future | ₹-1.88 Cr | 0.84% |
| Future on NMDC Ltd | Equity - Future | ₹-1.88 Cr | 0.84% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹1.88 Cr | 0.84% |
| Future on Power Finance Corp Ltd | Equity - Future | ₹-1.88 Cr | 0.84% |
| NMDC Ltd | Equity | ₹1.87 Cr | 0.84% |
| Indus Towers Ltd. 30-Jan-25 | Equity - Future | ₹-1.87 Cr | 0.84% |
| Power Finance Corp Ltd | Equity | ₹1.87 Cr | 0.84% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹1.86 Cr | 0.83% |
| Future on Axis Bank Ltd | Equity - Future | ₹-1.81 Cr | 0.81% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-1.81 Cr | 0.81% |
| Axis Bank Ltd | Equity | ₹1.8 Cr | 0.81% |
| Oil & Natural Gas Corp Ltd | Equity | ₹1.8 Cr | 0.80% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-1.78 Cr | 0.80% |
| Hindalco Industries Ltd | Equity | ₹1.77 Cr | 0.79% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-1.71 Cr | 0.77% |
| HDFC Life Insurance Co Ltd | Equity | ₹1.7 Cr | 0.76% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-1.68 Cr | 0.75% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹1.67 Cr | 0.75% |
| Indian Oil Corporation Ltd. 30-Jan-25 | Equity - Future | ₹-1.61 Cr | 0.72% |
| Indian Oil Corp Ltd | Equity | ₹1.6 Cr | 0.72% |
| Future on Lupin Ltd | Equity - Future | ₹-1.51 Cr | 0.68% |
| Lupin Ltd | Equity | ₹1.5 Cr | 0.67% |
| Future on Tube Investments of India Ltd Ordinary Shares | Equity - Future | ₹-1.45 Cr | 0.65% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-1.45 Cr | 0.65% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹1.45 Cr | 0.65% |
| Samvardhana Motherson International Ltd | Equity | ₹1.44 Cr | 0.65% |
| Tata Consultancy Services Ltd | Equity | ₹1.43 Cr | 0.64% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-1.43 Cr | 0.64% |
| Future on Canara Bank | Equity - Future | ₹-1.43 Cr | 0.64% |
| Canara Bank | Equity | ₹1.42 Cr | 0.64% |
| Future on DLF Ltd | Equity - Future | ₹-1.37 Cr | 0.61% |
| Future on Central Depository Services (India) Ltd | Equity - Future | ₹-1.36 Cr | 0.61% |
| DLF Ltd | Equity | ₹1.36 Cr | 0.61% |
| Central Depository Services (India) Ltd | Equity | ₹1.35 Cr | 0.61% |
| Future on Tata Motors Ltd | Equity - Future | ₹-1.31 Cr | 0.59% |
| Tata Motors Ltd | Equity | ₹1.3 Cr | 0.58% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-1.29 Cr | 0.58% |
| Grasim Industries Ltd | Equity | ₹1.28 Cr | 0.57% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-1.25 Cr | 0.56% |
| IndusInd Bank Ltd | Equity | ₹1.25 Cr | 0.56% |
| 91 Days Tbill | Bond - Gov't/Treasury | ₹1.25 Cr | 0.56% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-1.23 Cr | 0.55% |
| Tech Mahindra Ltd | Equity | ₹1.23 Cr | 0.55% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-1.15 Cr | 0.52% |
| Bharat Heavy Electricals Ltd | Equity | ₹1.14 Cr | 0.51% |
| Future on United Spirits Ltd | Equity - Future | ₹-1.14 Cr | 0.51% |
| United Spirits Ltd | Equity | ₹1.14 Cr | 0.51% |
| Future on PVR INOX Ltd | Equity - Future | ₹-1.12 Cr | 0.50% |
| PVR INOX Ltd | Equity | ₹1.12 Cr | 0.50% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-1.1 Cr | 0.49% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹1.09 Cr | 0.49% |
| Future on Max Healthcare Institute Ltd Ordinary Shares | Equity - Future | ₹-1.01 Cr | 0.45% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹1.01 Cr | 0.45% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-1 Cr | 0.45% |
| Future on Bank of Baroda | Equity - Future | ₹-0.99 Cr | 0.44% |
| Bajaj Auto Ltd | Equity | ₹0.99 Cr | 0.44% |
| Bank of Baroda | Equity | ₹0.99 Cr | 0.44% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-0.96 Cr | 0.43% |
| Tata Power Co Ltd | Equity | ₹0.95 Cr | 0.43% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-0.95 Cr | 0.42% |
| Bajaj Finance Ltd | Equity | ₹0.94 Cr | 0.42% |
| Future on JSW Steel Ltd | Equity - Future | ₹-0.92 Cr | 0.41% |
| JSW Steel Ltd | Equity | ₹0.91 Cr | 0.41% |
| Future on GMR Airports Ltd | Equity - Future | ₹-0.89 Cr | 0.40% |
| Future on HDFC Asset Management Co Ltd | Equity - Future | ₹-0.89 Cr | 0.40% |
| GMR Airports Ltd | Equity | ₹0.88 Cr | 0.40% |
| HDFC Asset Management Co Ltd | Equity | ₹0.88 Cr | 0.40% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-0.85 Cr | 0.38% |
| Mahindra & Mahindra Ltd | Equity | ₹0.84 Cr | 0.38% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-0.84 Cr | 0.37% |
| TVS Motor Co Ltd | Equity | ₹0.83 Cr | 0.37% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹0.82 Cr | 0.37% |
| Future on Computer Age Management Services Ltd Ordinary Shares | Equity - Future | ₹-0.82 Cr | 0.37% |
| Future on Tata Elxsi Ltd | Equity - Future | ₹-0.82 Cr | 0.37% |
| Tata Elxsi Ltd | Equity | ₹0.82 Cr | 0.37% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-0.79 Cr | 0.35% |
| SBI Life Insurance Co Ltd | Equity | ₹0.78 Cr | 0.35% |
| Future on Exide Industries Ltd | Equity - Future | ₹-0.76 Cr | 0.34% |
| Exide Industries Ltd | Equity | ₹0.75 Cr | 0.34% |
| Future on REC Ltd | Equity - Future | ₹-0.71 Cr | 0.32% |
| REC Ltd | Equity | ₹0.7 Cr | 0.31% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-0.68 Cr | 0.30% |
| Ambuja Cements Ltd | Equity | ₹0.68 Cr | 0.30% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-0.54 Cr | 0.24% |
| Bandhan Bank Ltd | Equity | ₹0.53 Cr | 0.24% |
| Treps | Cash - Repurchase Agreement | ₹0.53 Cr | 0.24% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-0.52 Cr | 0.23% |
| Shriram Finance Ltd | Equity | ₹0.52 Cr | 0.23% |
| Future on Astral Ltd | Equity - Future | ₹-0.49 Cr | 0.22% |
| Astral Ltd | Equity | ₹0.49 Cr | 0.22% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-0.42 Cr | 0.19% |
| Hindustan Petroleum Corp Ltd | Equity | ₹0.41 Cr | 0.19% |
| Future on Aarti Industries Ltd | Equity - Future | ₹-0.41 Cr | 0.19% |
| Aarti Industries Ltd | Equity | ₹0.41 Cr | 0.18% |
| Future on Cholamandalam Investment and Finance Co Ltd | Equity - Future | ₹-0.37 Cr | 0.17% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹0.37 Cr | 0.17% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-0.37 Cr | 0.17% |
| Divi's Laboratories Ltd | Equity | ₹0.37 Cr | 0.16% |
| Future on JK Cement Ltd | Equity - Future | ₹-0.35 Cr | 0.16% |
| JK Cement Ltd | Equity | ₹0.34 Cr | 0.15% |
| Future on Tata Communications Ltd | Equity - Future | ₹-0.34 Cr | 0.15% |
| Tata Communications Ltd | Equity | ₹0.34 Cr | 0.15% |
| Future on IndiaMART InterMESH Ltd | Equity - Future | ₹-0.34 Cr | 0.15% |
| IndiaMART InterMESH Ltd | Equity | ₹0.34 Cr | 0.15% |
| Future on BSE Ltd | Equity - Future | ₹-0.33 Cr | 0.15% |
| Future on Piramal Enterprises Ltd | Equity - Future | ₹-0.33 Cr | 0.15% |
| BSE Ltd | Equity | ₹0.33 Cr | 0.15% |
| Piramal Enterprises Ltd | Equity | ₹0.33 Cr | 0.15% |
| 182 DTB 05062025 | Bond - Gov't/Treasury | ₹0.29 Cr | 0.13% |
| Future on Abbott India Ltd | Equity - Future | ₹-0.24 Cr | 0.11% |
| Abbott India Ltd | Equity | ₹0.24 Cr | 0.11% |
| Future on Tata Steel Ltd. | Equity - Future | ₹-0.08 Cr | 0.03% |
| Tata Steel Ltd | Equity | ₹0.08 Cr | 0.03% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹33.96 Cr | 15.22% |
| Consumer Cyclical | ₹24.36 Cr | 10.92% |
| Energy | ₹17.37 Cr | 7.78% |
| Basic Materials | ₹16.53 Cr | 7.41% |
| Technology | ₹16.45 Cr | 7.37% |
| Industrials | ₹14.1 Cr | 6.32% |
| Healthcare | ₹13.31 Cr | 5.96% |
| Communication Services | ₹10.1 Cr | 4.52% |
| Consumer Defensive | ₹3.89 Cr | 1.74% |
| Real Estate | ₹3.4 Cr | 1.52% |
| Utilities | ₹3.05 Cr | 1.37% |
Risk & Performance Ratios
Standard Deviation
This fund
0.68%
Cat. avg.
0.70%
Lower the better
Sharpe Ratio
This fund
0.73
Cat. avg.
0.01
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.29
Higher the better
Fund Managers
Devesh Thacker
Since February 2019
Vishal Thakker
Since February 2019
Additional Scheme Detailsas of 31st December 2024
ISIN INF582M01ES7 | Expense Ratio 0.41% | Exit Load No Charges | Fund Size ₹223 Cr | Age 5 years 10 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Arbitrage Fund Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Sundaram Arbitrage Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹234.28 Cr | 6.9% |
| Sundaram Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹234.28 Cr | 7.6% |
| Bank of India Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹39.55 Cr | 7.5% |
| Bank of India Arbitrage Fund Regular Growth Low Risk | 0.9% | 0.0% | ₹39.55 Cr | 6.8% |
| Mirae Asset Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹2930.80 Cr | 8.2% |
| Mirae Asset Arbitrage Fund Regular Growth Low Risk | 0.9% | 0.0% | ₹2930.80 Cr | 7.3% |
| Tata Arbitrage Fund Regular Growth Low Risk | 1.1% | 0.0% | ₹12674.72 Cr | 7.4% |
| Tata Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹12674.72 Cr | 8.2% |
| Mahindra Manulife Arbitrage Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹110.32 Cr | 6.9% |
| Mahindra Manulife Arbitrage Fund Regular Growth Low Risk | 0.3% | 0.0% | ₹110.32 Cr | 6.1% |
About the AMC
Union Mutual Fund
Total AUM
₹21,577 Cr
Address
Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013
Other Funds by Union Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Union Children's Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹62.16 Cr | 13.0% |
| Union Innovation & Opportunities Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹944.74 Cr | 25.2% |
| Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk | - | 0.0% | ₹25.04 Cr | 7.6% |
| Union Small Cap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹6298.05 Cr | 11.4% |
| Union Hybrid Equity Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹637.00 Cr | 9.7% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.6% | 1.0% | ₹80.36 Cr | 8.0% |
| Union Value Discovery Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹298.67 Cr | 10.1% |
| Union Multicap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1105.65 Cr | 13.3% |
| Union Balanced Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1457.11 Cr | 7.7% |
| Union Equity Savings Fund Direct Growth Moderate Risk | 1.4% | 1.0% | ₹374.09 Cr | 6.6% |
| Union Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹223.17 Cr | 8.1% |
| Union Tax Saver (ELSS) Fund Direct Growth Very High Risk | 1.4% | 0.0% | ₹923.05 Cr | 9.3% |
| Union Dynamic Bond Fund Direct Growth Moderate Risk | 1.2% | 1.0% | ₹79.05 Cr | 8.7% |
| Union Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1939.59 Cr | 9.2% |
| Union Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3742.53 Cr | 7.4% |
| Union Midcap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹1428.97 Cr | 16.9% |
| Union Gilt Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹134.86 Cr | 9.3% |
| Union Largecap Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹436.97 Cr | 6.8% |
| Union Retirement Fund Direct Growth Very High Risk | 1.2% | 0.0% | ₹156.27 Cr | 10.8% |
| Union Corporate Bond Fund Direct Growth Moderate Risk | 0.4% | 1.0% | ₹257.69 Cr | 8.4% |
| Union Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹383.60 Cr | 6.7% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹428.28 Cr | 9.4% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹172.67 Cr | 7.5% |
| Union Large & Midcap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹868.05 Cr | 12.1% |
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Still got questions?
We're here to help.
What is the current NAV of Union Arbitrage Fund Direct Growth?
The NAV of Union Arbitrage Fund Direct Growth, as of 21-Jan-2025, is ₹14.09.
What are the returns of Union Arbitrage Fund Direct Growth?
The fund has generated 8.09% over the last 1 year and 6.76% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Union Arbitrage Fund Direct Growth?
The fund's allocation of assets is distributed as 0.90% in equities, 0.50% in bonds, and 98.56% in cash and cash equivalents.
Who manages the Union Arbitrage Fund Direct Growth?
The fund managers responsible for Union Arbitrage Fund Direct Growth are:-
- Devesh Thacker
- Vishal Thakker
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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